The New Two-Pot Retirement System
New Retirement System to be implemented Starting from September 1, 2024, South Africa will implement the much-anticipated new two-pot retirement system, which represents a significant change in South Africa’s retirement landscape, aimed at providing greater financial...
Business Valuation – What is Your Business Worth?
Have you considered a Business Valuation No matter the size of your business, a business valuation must be done at some point – maybe multiple times and in multiple ways to determine your business worth. Understanding the true worth of your business is pivotal,...
Board composition
Board composition impact on the bottom line The composition of a board of directors plays a pivotal role in steering a company towards success, as a well-structured board composition positively impacts financial performance and governance, benefiting both the company...
Succession planning and exit strategies
Succession planning and exit strategies Understanding Succession planning and Exit strategies Succession planning and exit strategies are critical components of any business’s long-term planning, ensuring continuity and minimizing disruptions during leadership...
Costing and Pricing Strategies – Part 2
Costing and Pricing Strategies – Part 2 Following last month’s article exploring the definitions and key principles of costing and pricing strategies, we continue to explore these two business principles that are both are crucial for the financial health and...
Costing and Pricing Strategies – Part 1
Costing and Pricing Strategies – Part 1 In the fast-paced world of business, the concepts of pricing and costing strategies are both crucial in business management but serve different purposes that involves different processes and addresses different aspects of...
Business Turnaround Strategies: A Lifeline for Struggling Businesses
The Challenge of Business Turnaround According to the latest statistics from Statistics South Africa, the total number of liquidations in South Africa decreased by 14,0% in the first six months of 2023 compared with the first six months of 2022, which indicates that...
The economic outlook for South Africa in 2024
The economic outlook for South Africa in 2024 is uncertain, and there are many different opinions, projections, and assumptions, with about an equal positive and negative outlook across the elements reviewed for the economic outlook. According to the African...
Understanding the Distinctions: Leadership vs. Management
Introduction In the dynamic world of company dynamics, understanding the difference between leadership and management is pivotal and while these terms are often used interchangeably, they embody distinct concepts with unique implications. Leadership and management are...
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